New Delhi: In a landmark move for India’s northeastern development, the Adani Group has announced an investment of approximately ₹63,000 crore in Assam through two transformative energy projects. Adani Power Ltd (APL) and Adani Green Energy Ltd (AGEL), the group’s flagship companies in thermal and renewable energy respectively, have received Letters of Award (LoA) from the Assam Government to execute a 3,200 MW ultra super critical thermal power plant and two pumped storage projects (PSPs) with a combined capacity of 2,700 MW.
Adani Power will spearhead the thermal initiative with an investment of ₹48,000 crore, establishing a greenfield ultra super critical power plant under the Design, Build, Finance, Own and Operate (DBFOO) model. The plant, which secured coal linkage under the Government of India’s SHAKTI Policy, will be commissioned in phases starting December 2030. It is expected to generate employment for 20,000 to 25,000 individuals during construction and sustain around 3,500 jobs during operations. The facility aims to set new benchmarks in environmental performance by deploying advanced technologies to reduce emissions and enhance efficiency. APL has received regulatory approvals from the Assam Electricity Regulatory Commission, and the Power Supply Agreement with APDCL is anticipated soon.
Adani Green Energy, meanwhile, will invest ₹15,000 crore to develop two PSPs that will deliver 2,700 MW of clean energy capacity. AGEL emerged as the lowest bidder for 500 MW of energy storage capacity, which will be sourced from these PSPs. The project is designed to bolster grid stability, manage peak electricity demand, and integrate renewable energy sources, thereby supporting Assam’s transition to a sustainable energy future.
Together, these projects will create approximately 30,000 jobs during the development phase and represent the highest-ever private sector investment in the Northeast. They align with Chairman Gautam Adani’s February 2025 pledge to invest ₹50,000 crore in the region’s growth, underscoring the group’s long-term commitment to regional development, energy security, and industrial progress.
“The North-East is emerging as a vital frontier in India’s growth story,” said Gautam Adani, Chairman of the Adani Group. “Our 3,200 MW thermal power project and 2,700 MW PSP projects in Assam collectively represent not only the largest private sector investment in the region but also firm steps toward energy security, industrial development and job creation. These projects will not only energize Assam but also catalyse progress across the entire northeastern corridor.”
Adani Power currently operates 18.15 GW of capacity across 12 thermal plants and one solar facility, and is targeting a total generation capacity of ~42 GW by FY 2031-32. The Assam projects mark a significant milestone in that journey, reinforcing the group’s role in shaping India’s energy landscape.
